Achche din for MBAs? 8 job sectors that will employ you this year

Achche din for MBAs? 8 job sectors that will employ you this year

According to the latest GMAC survey, technology, manufacturing and healthcare will provide the maximum jobs in 2014.

A global student exit survey taken by the Graduate Management Admission Council -- the education organisation of leading graduate business schools and owner of the Graduate Management Admission Test (GMAT exam) -- has revealed a list of sectors that will provide maximum jobs for management graduates in 2014.

GMAC conducted the nationwide survey between February and March this year among 3,049 business school graduates at 111 universities on behalf of graduate business and management programmes worldwide.

"This snapshot of the early job market for business school graduates demonstrates that graduate business degrees are useful in a wide variety of careers. While demand remains strong among traditional industries, business school graduates shouldn't overlook alternative sectors, which are actively seeking MBA and other business school talent," said Gregg Schoenfeld, GMAC survey research director.

The 15th annual Global Management Education Graduate Survey looks at how business school graduates view their programmes and offers a snapshot of their early job search and career intentions.

According to the survey, a total of 62 percent of the graduating students were involved in a job search, and another four percent were either self-employed or intending to pursue entrepreneurship at graduation.

Although salaries varied widely by industry, job level, and work location, the median increase in salary of those with job offers was 80 per cent over their pre-degree salary.

That’s up from the 73 per cent increase reported by business school graduates with early job offers in 2013.

Manufacturing and healthcare

Manufacturing and healthcare/pharmaceuticalsmay be the undiscovered beaches of the business school job market.

Although they account for just seven per cent and five per cent, respectively, of the students with early offers, students aspiring for a job in these sectors had the greatest success rate, with 74 per cent reporting at least one offer.